Car auction deals.

Having a chance to be a part of an Auto Auction last weekend, gave me a lot of information about the car’s condition, models, fees and rules of an auction. Those vary between auction companies. Some of them charge you a registration fee for bidding, others charge you an additional percentage of the bidding price on the vehicle.

The car is sold “AS IS”, so there’s no Warranty provided and No returns accepted.

You can NOT test drive the car! But you can start the engine, see the Millage and at least hear the sound of the engine. 

Most cars have a bad cosmetic condition. Having visible scratches and sure most of them are Not clean. 

You don’t know if the car is been in an accident or not, but you can find out by getting the VIN # and you can access the information on your own about the car Online on Carfax.com.

2005 Lexus RX-330- 88 000 Mills was sold for $16 300

You can Preview the cars a day before the Auction, Make sure you preview them before you go as they won’t provide a lot of information about it when it is presented. You can find out the year, the model and the person who presents will talk faster than a train that passes you by. 

Also I would advise after you preview the car and you know which car you want, to make some researches and find out what's the market price on those.. You can access the Blue Book @  HYPERLINK "http://www.kbb.com" or the local websites, so you know that the price you offer is accurate. Make sure you leave space for the FEES!

2006 Lexus GS-300, 104 000 Mills Not sold. 

Asking deal was anywhere around $14 000. BBk Value for this Model is $14-15k

NOTE* They started  by asking a deal close to the market price, and then they dropped it depending on offers they got. If  the offer was too low they didn't sell the vehicle.

Scratches and broken light. Wasn't impressed of the interior's style.

For the car you will have to pay the bidding price of the vehicle, an additional 12% buyer's fee, a $50.00 smog fee and a $55.00 documentation fee plus the DMW fees. You must pay on sale day by 5:00PM. They also do finances and in case if you can't pay in full on sale day you have to communicate them the problem and they may work something  out for you. Before the auction starts you have to register in order to bid.

2000 Chevrolet Corvette. Not Sold, asking price $16 000

There are different Auto Auctions, some of them may have better deals or charging  fees. I didn't find it very excited as the deals were not too far from the market price.

The most expensive cars weren't sold. But they have had some good deals on cheap cars.

The newest cars had a High Millage on Board

2008 BMW 550i, 88 000 Mills, Not sold

Playing around the $20 000 deal.

NOTE * They started  by asking a deal close to the market price, and then they dropped it depending on offers they got. If  the offer was too low they didn't sell the vehicle.

2001 Audi A6 sold for $4000

2009 Cadillac Escalade Not Sold, Asking deal $30 000

2004 Volvo XC-90, 135 000 Mills, sold for $6500

2008 BMW 535i, 135 000 Mills, Not Sold

Asking Deal $18 000

2004 BMW X3

They sold those cars at a very good price for the Auction Company. It was a Volkswagen, 2 doors, 2004 Model sold for $6000.

Remember that you have to add all the fees on the top of the bidding price. Vehicles may be started -but not drivven! All cars are sold " As is, where is no implied warrantee".